In order to determine whether or not there is a significant difference between the hourly wages of two companies, the following data have been accumulated.Company 1Company 2n1 = 80n2 = 60x̄1 = $10.80x̄2 = $10.00σ1 = $2.00σ2 = $1.50Refer to Exhibit 10-13. The test statistic has a value of _____.

we have given that n1=80 , n2=60 , xbar1=10.80 ,xbar2=10.00 ,sigma1=2.00 ,sigma2=1.5

Answered: n order to determine whether or not…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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In order to determine whether or not there is a significant difference between the hourly wages of two companies, the following data have been accumulated.

Company 1	Company 2
n₁ = 80	n₂ = 60
x̄₁ = $10.80	x̄₂ = $10.00
σ₁ = $2.00	σ₂ = $1.50

Refer to Exhibit 10-13. The test statistic has a value of _____.

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